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various social, environmental and welfare activities.SBI believe that they owe a solemn duty to
the less fortunate and underprivileged society to make a sustainable social change in the
development.
The Executive Committee of the Central Board has approved in August 2011 a
comprehensive policy for Corporate Social Responsibility. The year 2011-12 saw the CSR
activities of the Bank scaling new heights of achievement and glory by winning the prestigious
Golden Peacock Award for Corporate Social Responsibility 2012, awarded in Dubai by the
Institute of directors, New Delhi
As per the Reserve Bank of India instructions, SBI earmarks 1% of previous year's net
profit, as CSR spend budget for the year. In terms of CSR policy of the Bank, CSR
donations are given to only those organizations that enjoy IT exemption under Sec 80.
This ensures that the Bank's support is extended to deserving cases only.
2009-10
Actual
5.15
2010-11
Actual
2.00
Rs in crores
2011-12
Actual
2.00
14.57
22.44
65.68
19.72
24.44
71.18
In financial year 2011-12, SBI had spent Rs 71 crore towards CSR. This year it will be more,
Vishvanathan said.
Team SBI Life with writer Chetan Bhagat at Mumbai Marathon 2013
1.Supporting Education:
SBI is involved not only with business development but also with care
for the community and supports a range of socio-economic,
educational and health initiatives. In the field of education, for better
governance and standards, Bank, in partnership with the Municipal
Corporation of Greater Mumbai (MCGM), has launched a project to
transform and upgrade the outcome of education and educational
infrastructure in 1300 schools run by the Municipal Corporation. The
Bank has agreed to support this project as a partner for a period of 2
years as this project may evolve as a model for replication across the
country.
To bridge the widening gulf between youth in Metro/Urban areas and
Rural India, Bank has drawn up a programme named "SBI Indicorps",
a volunteer programme on the lines of the US Peace Corps, which
would give fresh graduates from colleges/institutions an opportunity to
live in villages and work on development projects with reputed NGOs.
During the year, the Bank also provided large number of buses/vans
to needy schools.Preference has been given to schools for
physically/mentally challenged children, and children belonging to
economically weaker sections etc. We also assisted them with
computers, furniture and other accessories.
To transform and upgrade the efficacy of education in schools run by
Municipal Corporation of Greater Mumbai, we are
extending funding support.
SBI is involved not only with business development but also with care
for the community and supports a range of socio-economic,
educational and health initiatives. In the field of education, for better
governance and standards, Bank, in partnership with the Municipal
Corporation of Greater Mumbai (MCGM), has launched a project to
transform and upgrade the outcome of education and educational
infrastructure in 1300 schools run by the Municipal Corporation. The
Bank has agreed to support this project as a partner for a period of 2
years as this project may evolve as a model for replication across the
country.
To bridge the widening gulf between youth in Metro/Urban areas and
Rural India, Bank has drawn up a programme named "SBI Indicorps",
a volunteer programme on the lines of the US Peace Corps, which
would give fresh graduates from colleges/institutions an opportunity to
live in villages and work on development projects with reputed NGOs.
To support school education and to bring happiness to millions of
:
.
2.Supporting Healthcare:
The focus of the Bank has been to help provide the
basic infrastructure support to ameliorate the
condition of the common man. Ambulances, medical
vans to enable medical camps in remote areas and
mobile blood collection vans and host of other
medical equipments were donated to needy
organizations/hospitals by our 14 Circles for speedy
transportation of critical patients as well as to provide
medical services to the remotest parts of the country.
The Bank has donated 95 such vehicles with an
expenditure of `7.40 crores during the year. Medical
equipments costing `6.10 crores were donated to
needy hospitals/healthcare institutions.
Healthcare to Children- Providing safe drinking
water has always been a challenge for schools.
Recently we took up the project, and installed
13,600 water purifiers in as many schools,
ensuring clean & safe drinking water to millions
of children in schools.
13,600
Water purifiers provided to as many schools
3.supporting girl child and development:
Girl Child adoption- Our branches have adopted
girl children from underprivileged class and assist
them financially for their education. Bank has
adopted 17627 girl children
Assistance for Natural Calamities: SBI has always
for all its staff members during the month of February 2012.efit our customers by saving
their precious time.